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Macro & Micro

US President Donald Trump
Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners
Updated 2 hours 6 minutes ago By: Reuters

US President Donald Trump was poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases and likely... 


Sars Commissioner Edward Kieswetter
Sars collects R1.86tr during year to end March
1st April 2025 By: Schalk Burger

Tax authority the South African Revenue Service (Sars) collected a net amount of R1.86-trillion during the fiscal year to end March 2025, and which is R8.8-billion higher than the revised estimate,... 


Public Works and Infrastructure Minister Dean Macpherson
Final report on wasteful Telkom Towers project expected by end of April, Macpherson says
1st April 2025 By: Darren Parker

The final forensic report on the controversial Telkom Towers project will be delivered by the end of April, Public Works and Infrastructure Minister Dean Macpherson has revealed. In August last... 


Public Works and Infrastructure Minister Dean Macpherson
DPWI’s new infrastructure audit programme to be a ‘game-changer’ for sustainable project delivery
1st April 2025 By: Darren Parker

The Department of Public Works and Infrastructure (DPWI) has launched an infrastructure audit programme to better ensure compliance and optimal resource use. Speaking at the inaugural Public Works... 


construction workers at dawn
More than 40 contractors to be blacklisted by the DPWI, Macpherson says
1st April 2025 By: Darren Parker

Public Works and Infrastructure Minister Dean Macpherson is ramping up the pace at which underperforming or corruption-accused contractors are being blacklisted, with more than 40 on the shortlist... 


Newcrest mining
As US cuts HIV assistance, South Africa turns to miners, insurer
1st April 2025 By: Bloomberg

Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to fight HIV in Africa, mining companies and South... 


Long steel production
AMSA defers longs business closure as it receives R1.68bn in IDC support
31st March 2025 By: Creamer Media Reporter

Steel producer ArcelorMittal South Africa (AMSA) has announced that the wind down of its long steel business will be deferred for an initial period of at least six months, to August 31, after... 


South Africa should work to broaden trade relations
31st March 2025 By: Schalk Burger

South Africa must build trade relationships more widely owing to the risks to the economy from the tariffs imposed by the US administration under President Donald Trump, says business lobby... 


Policy Uncertainty Index rises further into negative territory
31st March 2025 By: Schalk Burger

The North-West University (NWU) Business School’s Policy Uncertainty Index (PUI) for the first quarter of this year rose much further into negative territory to 78.6 from 65.7 in the fourth quarter... 


US President Donald Trump
Targeted by Trump, South Africa seeks to reset trade relations
28th March 2025 By: Bloomberg

South Africa is working to reset US relations that have been under assault by Donald Trump since his return to the White House. Pretoria is preparing a bilateral trade agreement as a backstop in... 


Steel firms run ‘collateral damage’ risk if they fail to respond to big Itac tariff review
Steel firms run ‘collateral damage’ risk if they fail to respond to big Itac tariff review
28th March 2025 By: Terence Creamer

A leading trade adviser is urging companies and individuals with interests in South Africa’s steel value chain to respond to the International Trade Administration Commission’s (Itac’s) call for... 


Digby Wells’ empowerment trusts repay loans ahead of schedule
28th March 2025 By: Rebecca Campbell

Environmental, social and sustainability consultancy Digby Wells Environmental, which focuses on the resources, infrastructure, energy and agricultural sectors, has announced that its two internal... 


An image of Kopano Tholo
Drones improve disaster management efforts in high-risk areas
28th March 2025

Unmanned aerial vehicles (UAVs), with their ability to provide real-time data, high-resolution imagery and rapid assessment capabilities, are fast becoming indispensable tools for effectively and... 


Cabinet spokesperson and Minister in The Presidency, Khumbudzo Ntshavheni
Cabinet to consider new Economic Growth Plan, as it mulls including gas in Operation Vulindlela
27th March 2025 By: Terence Creamer

South Africa’s Cabinet is planning to hold a special meeting on an ‘Economic Growth Plan’ for the country, while it will also consider additional reforms to fall under Operation Vulindlela, the... 


Groceries
South Africa producer inflation at 1.0% y/y in February
27th March 2025 By: Reuters

South Africa's producer inflation was at 1.0% year on year in February from 1.1% in January, statistics agency data showed on Thursday. The Producer Price Index was at 0.4% in month-on-month terms... 


Accountable Together
High corruption in policing points to govt inadequacy in confronting challenges – Corruption Watch
27th March 2025 By: Thabi Shomolekae

Corruption Watch chairperson Professor Themba Maseko said on Thursday that the high number of corruption issues in the policing sector is an indication of government’s inadequacy in confronting... 


civil construction
FNB/BER Civil Confidence Index falls further in the first quarter
27th March 2025 By: Darren Parker

Following a decline to 48 in the fourth quarter of 2024, the FNB/BER Civil Confidence Index fell by a further three points to 45 in the first quarter of 2025. The index can vary between a maximum... 


The SARB logo on a backdrop
South Africa shifts to FDI inflows in fourth quarter, central bank says
27th March 2025 By: Reuters

South Africa recorded foreign direct investment inflows of R7.5-billion in the fourth quarter, compared to outflows of R3.2-billion in the third quarter, central bank data showed on Thursday. The... 


steel transformers
Mooted infrastructure projects need to be executed to restore steel demand, association says
27th March 2025 By: Darren Parker

Local steel consumption needs to be ramped up significantly through the execution of mooted infrastructure projects, by both the public and private sectors, Hot Dip Galvanizers Association of... 


AMSA's Newcastle Works
IDC weighs taking control of AMSA
27th March 2025 By: Bloomberg

A South African State development bank is considering taking a majority stake in the local unit of ArcelorMittal South Africa (AMSA) as it tries to halt the planned closure of two steel mills... 


The Johannesburg CBD
World Bank, South Africa have $3bn plan to rescue cities
27th March 2025 By: Bloomberg

South Africa, with the help of the World Bank, has a $3-billion plan to reverse the decline in services and infrastructure in eight of its biggest cities. It will use a $1-billion loan from the... 


carbon tax illustration
African exporters to face market challenges as EU expands Carbon Border Tax
26th March 2025 By: Darren Parker

Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The... 


Enpower Trading CEO James Beatty with Ivanhoe Mines senior legal counsel Natalie Harten
Ivanplats signs ten-year green-electricity deal with Enpower for Platreef
26th March 2025 By: Terence Creamer

Registered energy trader Enpower Trading has signed a ten-year power purchase agreement (PPA) with platinum mine developer Ivanplats for the yearly delivery of 48.30 GWh of renewable electricity to... 


South African economic growth could triple this year, Absa says
26th March 2025 By: Bloomberg

South Africa looks set for much better growth in 2025 thanks to increased spending and investment, according to analysts at Absa Group, though a cooling of relations with the US may dim the... 


South Africa considering export taxes and quotas to revive ferroalloy smelters – Mantashe
South Africa considering export taxes and quotas to revive ferroalloy smelters – Mantashe
25th March 2025 By: Terence Creamer

Mineral and Petroleum Resources Minister Gwede Mantashe reports that discussions are under way within government and with manganese and chrome producers in an effort to halt the decline in domestic... 


Image of Dr Leon Schreiber
Schreiber touts digital transformation at launch of border anti-corruption forum
25th March 2025 By: Thabi Shomolekae

Home Affairs Minister Dr Leon Schreiber on Tuesday called technology “our greatest ally” in the fight against fraud and corruption, as he addressed the launch of the Border Management and... 


Consumer
South African consumer mood slumps on tax hike, fraying US ties
25th March 2025 By: Bloomberg

South African consumer confidence plunged to the lowest level in almost two years, as worries about higher taxes and the country’s deteriorating relations with the US weighed on sentiment. A... 


Transport Minister Barbara Creecy
Creecy moves to test private sector appetite for rail and port partnerships
23rd March 2025 By: Terence Creamer

Transport Minister Barbara Creecy has launched an online request for information (RFI) process to test market appetite for potential private sector participation (PSP) investments in selected rail... 


SARB
South African central bank keeps key rate steady
20th March 2025 By: Bloomberg

South Africa's central bank kept its main lending rate steady at 7.50% on Thursday, saying that a cautious policy approach was needed given global and domestic uncertainties. The decision was in... 


Trade, Industry and Competition Minister Parks Tau
Comment sought on proposed R100bn Transformation Fund to support black-owned firms
20th March 2025 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau has released draft details of a plan to establish a new R100-billion Transformation Fund, which will aggregate private, public and developmental... 


SARB Governor Lesetja Kganyago
South Africa set to alter course on rates until ‘dust settles’: Day Guide
20th March 2025 By: Bloomberg

The South African Reserve Bank (SARB) is set to look past a smaller-than-expected rise in prices last month and keep borrowing costs unchanged while it assesses the impact that US President Donald... 


A steel plant operated by AMSA
South Africa, facing mill closures, begins steel tariff review
20th March 2025 By: Bloomberg

South Africa, facing the prospect of ArcelorMittal South Africa (AMSA) closing two steel mills crucial to the local manufacturing industry, has begun a review of import tariffs on the metals and is... 


Shoppers
South Africa consumer inflation at 3.2% y/y in February
19th March 2025 By: Reuters

South Africa's headline consumer inflation remained at 3.2% year on year in February, unchanged from the month before, data from the statistics agency showed on Wednesday. In month-on-month terms... 


Peter Huxham and Frik Potgieter
Families call on govt to continue efforts to free Potgieter, Huxham ahead of Human Rights Day
19th March 2025 By: Creamer Media Reporter

As South Africa marks Human Rights Day on March 21, the families of Frik Potgieter and Peter Huxham are calling on the South African government to continue diplomatic efforts to secure the men’s... 


Speakers who participated in a webinar about net-zero targets
Net-zero strategies cannot succeed without breaking down silos – consultant
19th March 2025 By: Darren Parker

It is important for any company starting its journey towards net-zero or even-zero emissions to understand that, for a sustainability strategy to hold any water, the business needs to break down... 


One of AMSA's mills
AMSA, govt near funding deal for stricken mills
19th March 2025 By: Bloomberg

South Africa is nearing a deal to provide funding to ArcelorMittal South Africa (AMSA) and keep the steel mills open, which are crucial for the nation’s economy, people with knowledge of the matter... 


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Magazine round up | 28 March 2025
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